Abstract
For creditors, the basic method for collecting loans from real estate security would be, 1) to apply proceeds from the sale of such property or to convert such property into cash, or, 2) to lease such property and apply the rent income and other income from the property. The former method can be further categorized into voluntary sale and keibai (foreclosure). It is clear that the recent amendment to the existing law has diversified the exit strategy for loan collection, in terms of compulsory execution on properties, which has surely impacted the quality and quantity of actions taken by creditors.
